71 White StBrooklyn, NY 11206

  • Warehouses
  • 24,710 SF

Property Details for 71 White St

Year built
1931
Lot size
0.57 AC
Property size (Sq ft)
24,710 SF
Zone code
M1-2
Property type
Warehouses
APN
03082-0047
APU
30820047

Description

This exceptional 24,240-square-foot warehouse space at 71 White Street in Brooklyn, New York, presents a unique opportunity for businesses seeking a versatile industrial or commercial location. Situated in a prime Bushwick location, this single-story building offers a 15-foot ceiling height, one loading dock, and three drive-ins, ensuring efficient operations. The property boasts a total building size of 64,280 square feet, with 24,240 square feet currently available for lease. Its M1-2 zoning allows for significant development potential, with a maximum floor area ratio (FAR) of 2.0, permitting up to 48,480 square feet of development, and a 4.8 FAR for community facility development. The triple-frontage lot provides 439 feet of frontage on White Street, Boerum Street, and McKibbin Street, offering excellent access and loading capabilities. The property's location is highly advantageous, just two blocks from the Morgan Avenue L train station, providing easy access to Manhattan and major roadways throughout the New York City metropolitan area. The landlord is open to various development concepts, including roof restoration to original height, raising the roof to achieve 20-30 feet of clear height, and adding a partial or full second floor. This presents a rare opportunity to customize the space to meet specific business needs. The property's APN is 3082, and it's located in Kings County, New York, zip code 11206.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $4,676,098
    Hospitality
    $4,283,281
    Educational
    $3,563,640
    Medical
    $3,686,198
    Retail
    $5,543,440

Location Insight

City
Brooklyn
County
Kings
State
New York
Latitude
40.7062
Longitude
-73.936
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$129,370
$393,750
$1,029,150
$1,422,900
-
$875,000
$2,287,000
$3,162,000

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